The Company of Strangers shows us the remarkable strangeness, and fragility, of our everyday lives. This completely revised and updated edition includes a new chapter analyzing how the rise and fall of social trust explain the unsustainable boom in the global economy over the past decade and the...

The narrative of development economics is now infused with discussions of institutions. Economists debate whether institutionsor other factors altogether (geography, culture, or religion)are central to development. In this volume, leading scholars in development economics view institutions from...